Tracking the growth of the municipal bond market

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As the hunt for yield continues, the burgeoning market for UK municipal bonds could provide some much needed fresh issues for pension fund investment. However, some remain sceptical about the appeal according to Angele Spiteri Paris.

The first bond issue on behalf of the Municipal Bond Agency (MBA) is due to come to market in the next few months. The issue's success could open up new doors for local governments looking to raise...

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